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Sunday 1 August 2021
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Tunisia: strong increase in reported foreign investment in services

Foreign investments reported in service activities have increased from 75.6 MD in the first eight months of 2016 to 155.4 MD during the same period of 2017, rising by 105.6%.

This increase is due both to the partnership projects whose investments reached 125.7 MD compared to 61.1 MD in the first eight months of 2016 (+ 105.7%), and the 100% foreign projects whose investment reached 29.7 MD against 14.5 MD during the first eight months of 2016, up 105.1%.

This is reflected in the latest figures released recently by the Agency for the Promotion of Industry and Innovation (APII).

It should also be noted that the number of foreign-invested projects decreased by 10.2%, from 773 in the first eight months of 2016 to 694 in the first eight months of 2017.

This decrease is due to the 19.3% decline in the number of partnership projects (230 projects during the first eight months of 2017 compared with 285 during the same period of 2016), and the one recorded in 100% foreign projects where the number reached 464 as against 488 during the first eight months of 2016.

As for the jobs to be created, they grew 9.3% for partnership projects and dropped 15.3% for the 100% foreign projects.

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